Turkmen manat

Manat
Türkmen manady (Turkmen)
100 manat banknote
ISO 4217
CodeTMT (numeric: 934)
Subunit0.01
Unit
Unitmanat
PluralThe language(s) of this currency do(es) not have a morphological plural distinction.
Symbolm
Denominations
Subunit
1100tenge
Symbol
tenget
Banknotes
Freq. used1, 5, 10, 20, 50, and 100 manats
Rarely used500 manats
Coins
Freq. used10, 20, 50 tenge, 1, 2 manats
Rarely used1, 2, 5 tenge
Demographics
User(s) Turkmenistan
Issuance
Central bankCentral Bank of Turkmenistan
Websitewww.cbt.tm
PrinterDe La Rue
WebsiteDe La Rue
MintRoyal Mint
WebsiteThe Royal Mint
Valuation
Inflation8.5%
SourceThe World Factbook, 2012 est.
Pegged withUS dollar (USD)
US$1 = 3.50 manats

The manat (Turkmen: manat; abbreviation: m; code: TMT) is the currency of Turkmenistan. The original manat was introduced on 1 November 1993, replacing the rouble at a rate of 1 manat = Rbls 500. The manat is subdivided into 100 tenge (Turkmen: teňňe).

Due to heavy inflation a new manat was introduced on 1 January 2009 at the rate of 5,000 old manats to 1 new manat.